Stock analysis Sumitomo Chem India Ltd SUMICHEM
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Recent prices of SUMICHEM Sumitomo Chem India Ltd are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 13 Thu Mar 2025 | 486.35 | 482.55 to 492.00 | -1.41% | 0.83 times |
| 12 Wed Mar 2025 | 493.30 | 484.50 to 496.50 | -0.03% | 0.48 times |
| 11 Tue Mar 2025 | 493.45 | 469.75 to 497.20 | 0.34% | 0.4 times |
| 10 Mon Mar 2025 | 491.80 | 487.45 to 497.00 | -0.02% | 0.59 times |
| 07 Fri Mar 2025 | 491.90 | 489.15 to 504.60 | -1.65% | 0.48 times |
| 06 Thu Mar 2025 | 500.15 | 480.50 to 504.90 | 4.14% | 1.55 times |
| 05 Wed Mar 2025 | 480.25 | 461.85 to 482.90 | 1.75% | 1.23 times |
| 04 Tue Mar 2025 | 472.00 | 453.70 to 473.45 | 2.01% | 0.86 times |
| 03 Mon Mar 2025 | 462.70 | 446.20 to 466.95 | 0.46% | 1.24 times |
| 28 Fri Feb 2025 | 460.60 | 452.80 to 474.00 | -2.95% | 2.27 times |
| 27 Thu Feb 2025 | 474.60 | 470.15 to 482.75 | 0.02% | 0.9 times |
| 25 Tue Feb 2025 | 474.50 | 472.00 to 488.90 | -1.87% | 0.39 times |
Technical analysis forecast for Sumitomo Chem India Ltd Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Sumitomo Chem India Ltd SUMICHEM at this time. Stock is falling and might fall more.
It appears as if Sumitomo Chem India Ltd SUMICHEM gave a large move recently.
Stock of Sumitomo Chem India Ltd (SUMICHEM) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Sumitomo Chem India Ltd is bearish for shortterm, and stock might move down till 476.5 or till 463.2. Use a stoploss of 487.56 and if the stock hits stoploss, then it can shoot up till 498.61